Jameel Ahmad appointed SBP governor

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The federal government on Friday appointed Jameel Ahmad as the State Bank of Pakistan (SBP) governor for five years.

The notification issued by the Finance Division stated, “Jameel Ahmad is appointed as governor State Bank of Pakistan for a term of five years with the approval of the president of Pakistan, upon the recommendation of the federal government, with immediate effect.”

Ahmad, a seasoned banker with more than 26 years of experience, has previously served as the central bank’s deputy governor.

Finance Minister Miftah Ismail congratulated Ahmad on his appointment.

The three-year term of Ahmad’s predecessor, Dr Reza Baqir, had expired on May 4, following which Dr Murtaza Syed had taken over as acting governor.